MERCOSUR: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in MERCOSUR

In 2022, the MERCOSUR rosin and resin acids market increased by X% to $X, rising for the second consecutive year after six years of decline. Overall, consumption, however, saw a noticeable setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Rosin And Resin Acids And Derivatives in MERCOSUR

In value terms, rosin and resin acids production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports in MERCOSUR

In 2022, shipments abroad of rosin and resin acids and derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, rosin and resin acids exports totaled $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Brazil represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Argentina (X tons), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to rosin and resin acids exports from Brazil stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Argentina increased by X percentage points.

In value terms, Brazil ($X) remains the largest rosin and resin acids supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Imports of Rosin And Resin Acids And Derivatives

Imports in MERCOSUR

Rosin and resin acids imports reduced to X tons in 2022, declining by X% on the previous year. In general, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, rosin and resin acids imports amounted to $X in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of rosin and resin acids imports in 2022 were Brazil (X tons), Colombia (X tons) and Chile (X tons), together accounting for X% of total import. Peru (X tons) ranks next in terms of the total imports with a X% share, followed by Argentina (X%) and Ecuador (X%). The following importers - Venezuela (X tons) and Suriname (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Suriname (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported rosin and resin acids and derivatives in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, rosin and resin acids imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform